Sunday, March 06, 2005

How to Retain Young Professionals

This was originally intended for teachers, but it could really help to retaining young professionals in any field.

Whenever you hire someone just out of university, offer to pay off their student loans. In addition to their salary. Do this every year over a period of four years or five years or 10 years or however long the amortization period for a student loan is, so as long as the employee is working there, their student loan will be paid off for free.

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